Plan Ledger DOL Form 5500 · updated monthly

Hyster-Yale Group, Inc.401(k)

HYSTER-YALE GROUP, INC. PROFIT SHARING RETIREMENT PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.05%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Hyster-Yale Group, Inc. reported $502,288 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $9,465 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 56th-largest of 3,295 plans among Ohio employers on file, and the 347th of 13,661 in manufacturing. In 2024, the employer put in $1.10 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$966,622,979
Participants with balances4,823
Active participants3,467
Employer contributions$32,813,954
Employee contributions$29,708,908
Employer contribution per active participant$9,465
Average account balance$200,419
Benefits paid to participants$69,423,643
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$966.6M · 4,823 accts · $32.8M emplr
2023$868.2M · 4,848 accts · $29.1M emplr
2022$746.7M · 4,571 accts · $15.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$290,878
Investment management$96,325
Audit (IQPA)$28,570
Total administrative$502,288
The Hyster-Yale Group, Inc. 401(k) match · 2024
Employer contribution per active participant$9,465
Median for plans this size$4,294
2024$9,465 per active participant
2023$8,351 per active participant
2022$4,981 per active participant

Hyster-Yale Group, Inc.'s 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
VANGUARD GROUP, INC. · Recordkeeping · Trustee$377,394
VANGUARD ADVISERS INC · Investment advisory (participants)$96,325
CROWE LLP · Accounting / audit$28,570

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$502,288 · 0.05%
2023$466,763 · 0.06%
2022$453,174 · 0.06%
Same employer
Similar plansManufacturing · Ohio
Steris Corporation OH$1.3B · 0.06%
Vertiv Group Corporation OH$1.1B · 0.08%
Dana Limited OH$895.8M · 0.08%
Mettler-Toledo, LLC OH$882.7M · 0.03%
Greif Packaging LLC OH$863.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930160700 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.